2021/08/10

Ixinium update...

Stellar XXA:

* Company has segregated $100,000 onto the DeFi pools, which monthly income/yield will be distributed to the XXA Buyback program.

* Company has started to do preparations for the coming Stellar protocol update. This is done with the full professional Stellar coders who have deep knowledge of the Stellar Core and the development possibilities around the coming Stellar AMM protocol update.


* Precious metals purchase program is activated. The service that we use to purchase precious metals has added cryptocurrency payment possibility through the crypto-fiat-crypto service provider. Currently, we are just waiting for account verification for the Ixinium Foundation. All the needed documentation has been handed in last week.

Ixinium Finance:

* Due to the big amount of "flash loan" attacks for the Binance DeFi providers, we have to spend extra time on the safety and security updates. Currently, we are working on the last tests as we needed to change one of the tokens that were in use on the Ixinium Finance pools. Mainly because of their protocol security issues.

The Ixinium Finance protocol is in the last phase before publishing. Better information about the launch, first sell process and the liquidity pooling is coming after we have the green light to launch from the devs.

Ethereum XXA:

* The code is under modifications following CertiK audit report guidance. Estimated time approx two weeks and we will hand the code back to the CertiK. The coder who created the Ethereum XXA token is removed and won't ever do any work for the Ixinium organizations. CertiK found something on the code that was not supposed to be there at all. Code is under the modification/fixing by the company that's building the Ixinium Finance app.

Future:

Ixinium XXA ecosystem will cover Stellar, Ethereum, Binance, and either Solana, Polkadot, Tron, and/or Matic blockchains. 
Currently, Ixinium XXA covers Stellar blockchain. Ethereum XXA is coming, which will be "The Ramp" for the other blockchains. 

Stellar DeFi will open new kinds of doors in the near future. The doors that we don't fully know yet.

Alejandro O. Asharabed Trucido
Alejandro.Asharabed@aol.com
+54911 5665 6060
Buenos Aires, 2021, 10 August.